H World Group Limited Sponsored ADR (NASDAQ:HTHT) Shares Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 0.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 485,525 shares of the company’s stock after acquiring an additional 2,760 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in H World Group were worth $17,969,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northern Trust Corp lifted its stake in H World Group by 155.5% during the 4th quarter. Northern Trust Corp now owns 1,107,353 shares of the company’s stock valued at $36,576,000 after acquiring an additional 674,000 shares during the period. RV Capital AG lifted its stake in H World Group by 7.0% during the 1st quarter. RV Capital AG now owns 659,652 shares of the company’s stock valued at $24,414,000 after acquiring an additional 43,315 shares during the period. Resona Asset Management Co. Ltd. acquired a new stake in H World Group during the 4th quarter valued at approximately $1,618,000. Massachusetts Financial Services Co. MA lifted its stake in H World Group by 136.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 122,082 shares of the company’s stock valued at $4,032,000 after acquiring an additional 70,440 shares during the period. Finally, Capital International Investors increased its holdings in shares of H World Group by 18.4% during the 4th quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock valued at $308,321,000 after purchasing an additional 1,452,364 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Price Performance

H World Group stock opened at $33.22 on Friday. H World Group Limited Sponsored ADR has a 52-week low of $27.03 and a 52-week high of $42.98. The firm has a market capitalization of $10.20 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 1.25 and a beta of 0.46. The company has a fifty day simple moving average of $35.19 and a 200-day simple moving average of $34.61. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.69.

Analyst Upgrades and Downgrades

HTHT has been the subject of several recent research reports. JPMorgan Chase & Co. cut their target price on shares of H World Group from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, May 21st. Morgan Stanley reissued an “overweight” rating on shares of H World Group in a report on Monday, March 31st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, H World Group has a consensus rating of “Moderate Buy” and an average target price of $40.80.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.